Redmane: They are over extended on homes built and going to be forced to sell at a loss with rates climbing and people's buying power dropping. Dawson's notes: 1) Zoom out we're in a large channel with good support at $27 (yellow) 2) The 21 day ATR is between $40 and $33. 3) Price is right against resistance at the $38 double top, which is also the midpoint of...
Bulls look strong this morning, we're cresting and over-performing the falling wedge top ~$36k(purple) . 4H momo remains bullish I think we'll see price repeat the bullish structure from the beginning of June (blue circle) up to $38k, as called before. $45k mid-July seems ripe
After an Earth shattering charge to 45c, $doge is at a decision point with Bullish momentum. IMy Fib is from $0.10 -> $0.44c. We have some sell pressure coming in but I see this tasty long ~60% confidence and >2RR
bear case; continues down the channel bull case; it breaks 15m structure holding support from 4h lows and move up